Work for dole- How it could work

Aug 31

I’ve been debating the work for dole idea with friends and on twitter over the last few days. Personally I think if set up correctly it ‘could’ work. Here’s how: There has to be an increased welfare payment to cover the extra expenses involved in travelling and lunches Anyone on social welfare should be able […]

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Every little helps – Business Cost Saving

Aug 24

Sometimes in business we ignore the small things. A tiny overcharge on an invoice, a few euros off on the VAT but these small things can become material. Today while working with a client I phoned one of his suppliers to get an €8 delivery charge removed from an invoice. This might seem very small […]

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Alternative to Fax- The Paperless office

Aug 23

My efforts to create a paperless accountants office is often hamepered by having to get documents signed. Today the solution to this problem fell into my lap when one of my vendors asked me to sign a document using Echo Sign This was painless, paperless and fast. I have now set up my own accountant […]

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Capital Acquisitions Tax – ROS Form IT38

Aug 3

In June 2010 Revenue launched a new version of the Capital Acquisition Tax (CAT) Form IT38 on ROS. This Form has now been enhanced further, particularly in relation to Favourite Niece/Nephew Relief and in relation to Capital Gains Tax. Users of the ROS Offline Application should note that a new version of the IT38 Form […]

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What is preliminary tax – Accountants Galway

Jun 22

Preliminary Tax is an estimate of your total tax bill for the year which you pay on the 31st of October every tax year. Its important to remember that preliminary tax also includes PRSI, Health Levy and Income Levy The amount of Preliminary Tax paid for any year is not less than the lower of: […]

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Rent a room relief – Tax Saving Tip

Jun 4

Rent a Room Relief – where a room (or rooms) in a person’s principal private residence is let as residential accommodation, gross annual rental income of up to €10,000 (€7,620 in 2007) is exempt from tax. This does not affect an individual’s entitlement to mortgage interest relief or CGT exemption for a principal private residence. […]

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RCT – Relevant Contracts Tax

Jun 3

If you are a principal contractor, You must deduct Relevant Contracts Tax at 35% from payments made by you to an unauthoriesed subcontracted you have engaged to carry out relevant contract for example: meat processing, construction operations or meat processing on your behalf. You do not need to deduct RCT payments from a subcontractor who […]

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Tax Return Help Form 11 – Rental income

May 25

Are you confused about your Tax Return? Do you have unused capital allowances from a prior year? Rental income Unused loss from a prior year Accelerated capital allowances Maintenance payments Foreign Rental income Exempt income Retirement Annuity Contracts Capital Gains We can help. We offer fixed prices for each tax return (form 11) which are […]

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Sage Training Galway

May 14

As part of our portfolio of training packages Do My Books offer training on Sage Instant Accounts and Sage Line 50 accounts. The Training is carried out at your place of business and includes a comprehensive training manual. The training program can be customised to suit your individual needs but a basic training course covers […]

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PAYE Tax Refund

May 13

After a lot of hard work and testing I am proud to launch our Tax Refund website. If you are an employee you may be entitled to a refund if any of the following apply to you. * Tax Refund claims for Medical Expenses * Tax Refund Claims for Medical Insurance * Home Carers Tax […]

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